Trusted Advisors
Solving the COFI Puzzle
R 1050
Is your FSP truly ready for the most significant market conduct reform since the introduction of the FAIS Act? Do you understand what will change under COFI — and, just as importantly, what will not?
The Conduct of Financial Institutions (COFI) Act is set to reshape the regulatory landscape for every financial services provider in South Africa. From governance and compliance philosophy to client value propositions and leadership, COFI requires a proactive, principles-based approach that goes beyond mere regulatory compliance.
In this course, based on Solving the COFI Puzzle by Anton Swanepoel and Rochélle Mylie, you will gain a clear understanding of the COFI framework and what it means for your business. You will explore the shift from rules-based to principles-based regulation, unpack key changes to terminology and structure, and discover how to future-proof your FSP for the regulatory environment ahead.
The following topics will be covered in this course:
Registration Body: Financial Planning Institute (FPI)
CPD Category: Ethics and Practice Standards
CPD Hours: 10.5
COB: All
The Conduct of Financial Institutions (COFI) Act is set to reshape the regulatory landscape for every financial services provider in South Africa. From governance and compliance philosophy to client value propositions and leadership, COFI requires a proactive, principles-based approach that goes beyond mere regulatory compliance.
In this course, based on Solving the COFI Puzzle by Anton Swanepoel and Rochélle Mylie, you will gain a clear understanding of the COFI framework and what it means for your business. You will explore the shift from rules-based to principles-based regulation, unpack key changes to terminology and structure, and discover how to future-proof your FSP for the regulatory environment ahead.
The following topics will be covered in this course:
- The Fundamentals of the COFI Act – Understanding the new regulatory framework and its core principles.
- Rules-Based vs Principles-Based Legislation – How the shift changes compliance thinking and business practice.
- What Will Change Under COFI – Key structural and operational changes FSPs need to prepare for.
- What Will NOT Change Under COFI – The enduring FAIS principles that remain central to compliance.
- Corporate Governance and Culture – Meeting COFI's expectations for leadership, values, and organisational culture.
- Your Client and FSP Value Propositions Under COFI – Aligning your offerings with the conduct standards of the new Act.
- Building a Deliberate COFI Strategy – Developing a proactive compliance and practice management approach.
- The Psychology of Legislation – Understanding how compliance philosophy impacts business performance.
Registration Body: Financial Planning Institute (FPI)
CPD Category: Ethics and Practice Standards
CPD Hours: 10.5
COB: All